- Since Helium migrated to Solana, the network has expanded its IoT applications.
- Helium protocol now powers smart waste management, food safety, and more.
- The Solana migration has enabled faster and cheaper transactions.
The Helium network’s recent migration to the Solana blockchain has paved the way for an impressive expansion in the industry. Specifically, this move has enabled the network to venture into smart waste management, roofing, food safety, carbon sequestration, and smart buildings.
On Wednesday, May 10, Helium Foundation published its report for the first quarter of 2023. In it, the project highlights a range IoT applications that since started running on the Helium network since the Solana migration.
IoT Applications Flourish with Helium’s Solana Migration
According to the report, the migration to Solana enables Helium to tap into its high-performance blockchain infrastructure. Consequently, this helps Helium power a range of new IoT applications.
In the realm of smart waste management, IoT devices on the Helium network can now efficiently monitor waste levels in bins and containers. This streamlines waste collection routes and reduce operational costs.
Within food safety, IoT devices on the Helium network can consistently monitor temperature and humidity levels in storage facilities, ensuring that perishable goods are kept in optimal conditions, safe for consumption.
In the fight against climate change, IoT sensors on the Helium network are now able to measure the amount of carbon dioxide captured by trees and plants, aiding carbon sequestration efforts.
In the sector of smart buildings, the Helium network is automating energy consumption, lighting, and heating through IoT devices. This leads to improved energy efficiency and significant cost savings.
Finally, Helium also powers applications in roofing. Its IoT sensors, connected to the Helium network, can accurately measure roof conditions and detect damage or leaks. This allows for timely repairs and can significantly extend roof lifespans.
The Impact of Solana Migration on IoT Expansion
The migration to Solana has played a critical role in expanding IoT applications on the Helium network.
“Solana transactions clear in under 1 second and are over 100x cheaper,” the report says.
The cost-effectiveness of these transactions has made it more affordable to deploy IoT devices on the Helium network. This, in turn, incentivizes developers to innovate across various industries.
On the Flipside
- Despite its reputation as a high-performance chain, Solana has experienced several network-wide outages in recent years.
- While Solana experienced outages, other blockchain networks have their own technical issues. Recently, both Bitcoin and Ethereum suffered a surge in gas fees due to the rise of ordinals and memecoins.
Why You Should Care
IoT technology represents a critical use case for blockchain technology. It is an example of why the world needs decentralized applications and Web3.
Read more about the implications of the Helium-Solana merge
Read about the effects of the latest CPI readings on the crypto market
Sourced from dailycoin.com.
Written by on 2023-05-11 17:30:00.